新股消息 | 挚达科技通过港交所聆讯 “三位一体”打造家用充电桩第一股

Core Viewpoint - Shanghai Zhida Technology Development Co., Ltd. (Zhida Technology) is preparing for its main board listing on the Hong Kong Stock Exchange, with Shenwan Hongyuan Hong Kong as its sole sponsor [1]. Business Overview - Zhida Technology focuses on providing smart home electric vehicle charging solutions to automotive manufacturers and users, developing a "three-in-one" solution consisting of products, services, and a digital platform [3]. - The product portfolio includes smart home electric vehicle charging piles and accessories, electric vehicle charging robots, EMS solutions, and pipeline products, serving as a key entry point for home digital energy management [3]. - The company has established a digital platform that connects a vast network of third-party installation and after-sales service providers, supporting shared charging services [3]. Market Position - According to Frost & Sullivan, Zhida Technology ranks first in China in terms of sales volume and sales revenue of home electric vehicle charging piles during the historical record period, with a market share of 13.6% in China and 9.0% globally [3]. - The company ranks third in China by sales revenue of home electric vehicle charging piles, holding approximately 6.6% market share [3]. Revenue Breakdown - Revenue from smart home electric vehicle charging pile sales accounted for 94.1%, 89.3%, 93.2%, 92.7%, and 98.3% of product sales revenue for the years 2022, 2023, 2024, and the three months ending March 31, 2025 [4]. - Revenue from installation and after-sales services accounted for 96.5%, 96.7%, 95.9%, 96.5%, and 96.6% of service revenue during the same periods [4]. Client Relationships - The company has established close partnerships with numerous leading automotive manufacturers, supplying smart home electric vehicle charging piles and accessories to meet end customers' home charging needs [4]. - Zhida Technology has provided products and services to seven of the top ten automotive manufacturers in China by electric vehicle sales in 2024 [5]. Global Expansion - The company's products and services are now available in 22 countries, with a strong presence in rapidly growing electric vehicle markets such as Thailand and Brazil [5]. - Zhida Technology holds approximately 3.9% market share in global home electric vehicle charging pile sales for 2024, with total sales in the global and Chinese markets reaching RMB 7.2 billion and RMB 3.5 billion, respectively [5]. Financial Performance - For the fiscal years 2022, 2023, 2024, and the three months ending March 31, 2025, Zhida Technology reported revenues of approximately RMB 697 million, RMB 671 million, RMB 593 million, and RMB 217 million, respectively [6]. - Gross profits for the same periods were RMB 142 million, RMB 138 million, RMB 88.6 million, and RMB 35.8 million [6].